£233,243
This estimated value is based upon the latest sale price for the house of £220,000 on 28 Jan 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 28 Jan 2022 |
| £136,000 | 14 Sep 2012 |
| £126,000 | 29 Oct 2004 |
| £93,950 | 18 Nov 2002 |
| £68,500 | 12 Apr 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 sq feet |
This model uses changes in the Official Land Registry House Price Index for WORCESTERSHIRE to estimate the market value.
When this house was purchased in January 2022 the House Price Index for WORCESTERSHIRE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £220,000 results in an estimated price of approximately £233,243.
| 28 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £220,000 | £13,243 | £233,243 |
The Postcode Pricing Model uses changes in average sales price within the WR5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 34.120 % | £75,062 | £295,062 |
| 3 Month Average | -2.716 % | £-5,974 | £214,025 |
| 6 Month Average | 10.373 % | £22,820 | £242,820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £153,067 | £150,000 | 9 KENNET GREEN |
| 7 Mar 2023 | £238,991 | £235,000 | 132 MEDWAY ROAD |
| 28 Jul 2022 | £179,297 | £177,500 | 124 MEDWAY ROAD |
| 7 Jul 2022 | £231,419 | £229,100 | 8 KENNET GREEN |
| 11 Apr 2022 | £181,549 | £175,000 | 15 KENNET GREEN |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 22 Jun 2012. Using an estimated price of £233,244 means this house is valued at £3,481 per sq meter (£323 per sq foot).
The average size of a house on MEDWAY ROAD is 77 sq meters (838 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Thames Close |
| Aug 2024 | Other crime | Under investigation | On or near Thames Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Thames Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Thames Close |
| Sep 2024 | Anti-social behaviour | On or near Wye Close |